Tag: Prime London
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London House Prices Stall as Buyers Hit the Pause Button – Savills
The property market in prime parts of London has taken a bit of a breather, with prices barely budging. Estate agent Savills reckons it’s because buyers are holding back to see what happens with the new government and interest rates. While fancy homes in the centre of London have dipped slightly in value, family homes…
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Election Uncertainty Put Expensive Homes on Ice
Even though the prime housing market is usually pretty steady, Savills, the estate agents, say that prices haven’t really budged lately. Why? Because everyone’s been a bit nervous about the general election. Frances McDonald, from Savills, reckons that some rich buyers are holding back, waiting to see who’s in charge before splashing their cash. After…
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Selling Your Home on Social Media – Is It Worth the Risk?
It’s tempting to splash your home across social media when you want to sell it, especially in a tough market. But is using a property influencer to flog your luxury pad really a good idea? Camilla Dell, the brains behind the buying agency Black Brick, has seen it all and warns sellers to be cautious.…
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London House Prices Cut – Bag a Bargain in Prime Areas!
Fancy living in a prime London neighbourhood? Now could be your chance! Prices in posh parts of London are dropping, with sellers slashing asking prices to tempt buyers. Hold onto your hats, because house prices in places like Mayfair and Kensington have actually gone down compared to last year. According to property experts LonRes, prices…
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London House Prices Cut as Sellers Battle it Out
Homeowners across the capital are being forced to drop asking prices as the number of properties up for sale continues to climb. New data from property experts LonRes has revealed that house prices in upmarket areas of London fell by 2.8% in May compared to last year. This means prices are now roughly the same…
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London’s Prime Property Market Slows Down, But Don’t Panic!
It looks like the posh property market in London is taking a breather, but experts say it’s just a temporary dip. According to Knight Frank, fewer wealthy buyers are splashing out on million-pound homes in London. The number of offers for homes over £5 million is way down compared to the last few years, especially…
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London Mansions Selling Like Hotcakes as Super-Rich Bag Property Bargains!
The allure of London’s high-end property continues to grow in 2024, with a rise in the purchase of properties valued at over £10 million. This year has seen an impressive 9.1% increase in sales of these luxurious homes, according to a recent report from Coutts. Despite a general 3.9% dip in Prime London property prices…
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London Property Market Springs into Action
As we tentatively step into summer, albeit with unpredictable weather, London’s property market is showing promising signs of revival after a sluggish start to the year. The early months of 2024 may have dampened spirits with persistent rain and subdued market sentiment, but things are looking up. Speaking to The Telegraph, Peter Wetherell of Wetherell…
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Prime Property Prices to Fall – London’s Luxury Market Feels Political Uncertainty
Knight Frank has revised its forecast for prime central London house prices to a predicted 1% decline this year. This marks a shift from their earlier January prediction, which optimistically forecasted a 1% rise. This adjustment comes in the wake of political developments, including the announcement of a General Election by Prime Minister Rishi Sunak,…
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London Housing Market A Mixed Bag of Growth and Decline
The housing market in London presents a complex picture, with some areas experiencing growth while others face significant price drops, according to the latest data from HM Land Registry. Despite an overall decrease in property prices across London, a few boroughs have bucked the trend and shown positive growth over the past year. Greenwich leads…